Economics

Samuel K. Andoh
CHAIRPERSON

MAJOR IN BUSINESS ECONOMICS
The major in business economics focuses on the best ways to get the most benefit from scarce resources. Study covers firms and organizations (microeconomics) and nations (macroeconomics). The major provides the conceptual basis for integrating knowledge of the functional areas of business administration in industry, government, and nonprofit organizations. By doing so, it opens the way not only toward teaching, research, and consulting, but also toward graduate study in business, government, and law.

In addition to the University Requirements and the Common Business Core courses in business administration, students majoring in business economics must also take the following:

Economics Courses: 18 credits
ECO 200 - Macroeconomic Analysis
ECO 201 - Microeconomic Analysis
ECO 311 - Public Finance

Plus 9 credits (3 courses) selected with the advice of the faculty Adviser.
Cognates: 3 credits
CSC 200 - Personal Computer Applications

MAJOR IN ECONOMICS
Liberal Arts and Secondary Education Programs
The B.A. major in economics provides an understanding of the basic tools of economic analysis and an opportunity to study the structure and functioning of economic systems and the tools economists use to study them. It also provides practical market perspectives for administrative leadership positions in the arts, humanities, and the natural and social sciences.

This 30-credit major provides an appropriate foundation for graduate study in economics or business administration, qualifying students for teaching, research, and executive positions in academic, governmental, and business fields. When combined with study in other social sciences, it opens the way toward legal study, social work, and a variety of business employments. Secondary education majors must complete a minor in history that includes at least one course in non-western history as well as courses in United States and non-United States history. The specific professional requirements for Initial Teaching Certification in Connecticut are listed under the heading Major Programs in Secondary Education in the School of Education. Upon completion of Economics 100-101, usually in the freshman year, the student must take the following three courses:

ECO 200 — Macroeconomic Analysis
ECO 201 — Microeconomic Analysis
ECO 221 — Economics and Social Statistics

The student must then select at least one of the following courses:
ECO 311 — Public Finance
ECO 350 — International Economics: Trade
ECO 351 — International Economics: Finance

Two to four additional courses in economics should be elected among other economics courses listed below to bring the total credits to 30.

The following cognate course is required:
CSC 200 Personal Computer Applications

In addition, the student is required to pass MAT 139 or MAT 150 as the University Requirements.

A student majoring in economics may not take more than 30 credits in business courses exclusive of those with ECO prefixes.

MINOR IN ECONOMICS
The student begins study in this 18-credit minor, usually in the freshman year, by selecting ECO 100 and 101. He or she then selects four other courses in economics, at least one of which must be at the 300 or 400 level, with the advice of the department.

REAL ESTATE MINOR
The real estate minor consisting of six courses or 18 credits, is designed to appeal to a broad range of students within and outside the School of Business. The department is seeking approval from the state real estate board to allow students who complete the Principles of Real Estate course to sit for the Real Estate Salesperson licensing exam. The minor consists of four required courses and two courses chosen by the student with advisement from the coordinator of the real estate minor.

Required Courses
FIN 345 — Principles of Real Estate
FIN 457 — Real Estate Finance
ECO 307 — Urban Economics
MGT 345 — Real Estate Law

Choose two courses from the following list of courses:
ECO 353 — Industrial Organization
ECO 398 — Special Topics in Economics (in an area related to real estate)
ECO 410 — Managerial Economics
FIN 346 — Risk Management and Insurance
FIN 398 — Special Topics in Finance (in an area related to real estate)
FIN 439 —Advanced Investment
FIN 497 — Internship
GEO 205 — Economic Geography
GEO 270 — Maps and Map Interpretation
GEO 273 — Land Use Planning
GEO 362 — Urban Geography
GEO 460 — Geographic Information Systems (GIS) URB 200 Introduction to
Urban Planning
URB 311 — Problems and Issues in Housing

C O O R D I N A T O R S: